Summary
Costco shareholders voted overwhelmingly (98%) against a proposal by a conservative think tank, the National Center for Public Policy Research, to assess risks linked to the company’s diversity, equity, and inclusion (DEI) programs.
Costco’s board supported DEI initiatives, dismissing the proposal as partisan and unnecessary.
This rejection contrasts with trends in other companies scaling back DEI efforts.
The vote comes amid new federal rules from Trump targeting DEI initiatives in federal agencies, potentially impacting private vendors working with the government.
A corporation not being absolute trash. Let’s hope they deal fairly with their unionized employees.
Not just the corporation, but their shareholders. Republicans have been worshipping at the altar of Shareholder Value since the 80’s.
Here you go, these shareholders just told you what they value! Will Republicans listen?
Narrator: The Republican politicians did not listen.
Obligatory fuck Reagan
98%?? I love costco
Welcome to Costco. I love you.
Yeah I was on the fence about getting a Costco membership since I am single and dont shop much.
But just for the few times I need stuff that is available at Costco I will get a membership.
Even if I end up paying a little more overall.
$1.50 hotdog & soda too! The CEO said he’d rather burn the company to the ground than increase that price.
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Finally, some good fucking news
Fwiw, my company said similar. We’re not public or that big so I’m not naming it, but they have sent several broadcasts and discussed during a company meeting, that these are core values they are sticking with
Nice. My company isn’t likely to drop their DEI policies either. Public but not well-known.
Public but not well known but keeping DEI? Be nice if we could get the stock info so we can invest…
All right, I got the OK from PR. The company I work for is called Olo (stock symbol: OLO). We’re not well-known because we operate behind the scenes in the restaurant industry, enabling online food orders to appear directly in our clients’ POS systems rather than on a separate tablet. We do a lot more than that now, but those are our roots.
Thanks! Your stock is surprisingly cheap and seems to have cratered since its hay days in 2021. Oh well, good for me.
I honestly believe the stock is undervalued. I hope to help take you to the moon! 🚀
What fucking risks you fucks? Hiring people with the wrong skin colors?
The news cycles since Trump won the election is fucking terrible. Every corporation is mask off and drop anything that might benefit the populace so that they go back to being cowboys and treat employees like shit.
I want to personally say fuck you to everyone that voted for Trump. I hope that you and all the members of your close circle that voted for Trump die a painful death, after being economically fucked out of any little wealth you have.
The world is better off without you cunts.
They think it’s discrimination against straight white males now and think they are going to get sued by someone with a rejected job offer because the decision may have been made due to skin colour, gender, or sexual orientation.
A gay man can sue if he was not hired because he was gay, these people think eventually a straight man can sue if he wasn’t hired because he wasn’t gay.
Which may happen with Trump in power now, I wouldn’t be surprised if he started working on laws that will allow people to do that
The gulags were populated for good reason. “Waaahhh communists killed millions in their gulags,” yeah, millions of Nazis. Yet apparently that still wasn’t enough.
Lol no, they killed literal civilians, the ones they swore to protect
I don’t understand the hate on DEI initiates. DEI is just make sure you hire a diverse work group. So if these dei employees are bad, that’s 100% on the company for hiring them. Nobody made them hire that specific person and 99/100 times employees are bad because no one trains them.
I don’t understand the hate on DEI initiates.
It’s hate, that’s all.